Bought with Coral Cove Realty Inc
$1,420,000
$1,595,000
11.0%For more information regarding the value of a property, please contact us for a free consultation.
8 Beds
4 Baths
3,224 SqFt
SOLD DATE : 06/06/2025
Key Details
Sold Price $1,420,000
Property Type Multi-Family
Sub Type Quad Plex
Listing Status Sold
Purchase Type For Sale
Square Footage 3,224 sqft
Price per Sqft $440
Subdivision Juno Ridge
MLS Listing ID RX-11063736
Sold Date 06/06/25
Bedrooms 8
Full Baths 4
Construction Status Resale
HOA Y/N No
Year Built 1973
Annual Tax Amount $13,140
Tax Year 2024
Property Sub-Type Quad Plex
Property Description
Prime multifamily investment opportunity in an unbeatable location. This rare double duplex property sits on a coveted .56-acre parcel in unincorporated Palm Beach County, just steps from the highly anticipated Ritz-Carlton Residences and the PGA Blvd corridor. Comprised of four well-appointed 2-bedroom, 1-bath units each featuring updated kitchens, impact glass, private laundry, and outdoor patios, this property offers excellent rental income potential. With luxury development transforming the area, this investment ensures long-term value insulation in one of South Florida's most desirable markets. Minutes from championship golf, fine dining, picturesque waterways, and world class beaches, this is a rare chance to secure a prime multifamily asset in an area poised for additional growth.
Location
State FL
County Palm Beach
Community Juno Ridge
Area 5220
Zoning RH/MultiFamily
Interior
Heating Electric, Other
Cooling Electric, Other
Flooring Tile
Exterior
Exterior Feature Auto Sprinkler, Covered Patio, Fence, Room for Pool, Well Sprinkler, Zoned Sprinkler
Utilities Available Cable, Electric, Septic, Well Water
Amenities Available Bike - Jog, Park
Waterfront Description None
View Garden
Roof Type Comp Shingle
Private Pool No
Building
Lot Description 1/2 to < 1 Acre
Story 1.0
Foundation Block, CBS, Concrete
Construction Status Resale
Others
Senior Community No Hopa
Restrictions None
Acceptable Financing Cash, Conventional
Listing Terms Cash, Conventional
Financing Cash,Conventional
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